Shop of approximately 450sqft with additional rear office and store. The upper floors provide a self-contained and spacious 2 bedroom maisonette which offers potential for reconfiguration to provide 3 bedrooms, subject to obtaining the necessary consents.
Situated on the Staple Hill High Street close to the junction with Bath Street. Notable neighbouring occupiers include 'Greggs', 'PDSA', and various local independent traders.
Strictly by appointment with Maggs & Allen.
The draft 2017 ratable value is £8,100.
The floor plan is provided for indicative purposes only and should not be relied on.
We would anticipate a market rent for the shop in the region of £8,000pa on conventional Full Repairing and Insuring terms.
Assuming the flat could be re-arranged to provide 3 bedrooms and let to sharers, we would hope to achieve a rent in the region of £400pcm per room, i.e £1200pcm.
Therefore, we would suggest a potential gross rental income in the region of £22,400pa.
To be offered for sale Freehold.
The property is currently let on an effectively Full Repairing and Insuring basis at £14,000pa although the tenant is vacating on the 18th September 2017. The commercial tenant in turn sub-lets the maisonette. Our client is happy to offer a delayed completion in order to offer vacant possession if required.
Commercial EPC Rating: D
Maisonette EPC Rating: F
All figures quoted are exclusive of VAT unless otherwise stated.
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.